SWOT Analysis
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Using the SWOT suggested reading as a starting point, investigate a specific element related to SWOT analysis and post a topic for others to discuss. Focus on how a SWOT analysis might identify innovation opportunities (sustaining or disruptive / internal or external) that would best leverage its core competencies. Where might a business go wrong? Would a good SWOT analysis include specific use/reference to industry or product life cycle? How might a "good" SWOT analysis actually inhibit an organization from making good long term innovation decisions? In fact, many companies find that SWOT analysis is actually harmful to innovation efforts -- why?
Additional Reference sites for SWOT:
http://www.quickmba.com/strategy/swot/
http://www.businessballs.com/swotanalysisfreetemplate.htm
http://sbinformation.about.com/cs/bestpractices/a/swot.htm
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Using the SWOT suggested reading as a starting point, investigate a specific element related to SWOT analysis and post a topic for others to discuss.
One specific topic related to SWOT analysis is that the strengths and weaknesses of the organization are related to the opportunities and threats of the organization.
Focus on how a SWOT analysis might identify innovation opportunities (sustaining or disruptive / internal or external) that would best leverage its core competencies. Where might a business go wrong?
The company may go wrong when the core strengths of a firm may develop products that may not remain a market opportunity when the product was launched. Further, unless the objectives of the business are well defined the SWOT analysis can lead the business astray. A strength may be unrelated to the business objective and may develop an innovation that has ...
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